WSA delivered 1% organic revenue growth and increased EBITDA by 22% in the second quarter of FY 2024/25

Lynge, Denmark – May 8, 2025 – WSA, a leading pure-play hearing healthcare group, today announced results for the second quarter of the financial year 2024/25 (January 1, 2025 – March 31, 2025) showing organic revenue growth of 1% and an increase in EBITDA of 22%, corresponding to an EBITDA margin improvement of 2.8%-points.

Jan Mäkelä, CEO of WSA, said:

With an organic revenue growth of 1% in a volatile macro environment and a significant EBITDA margin improvement, WSA delivered satisfactory second quarter results. I am very pleased with the successful launch of Signia BCT IX and Widex Allure at the end of the quarter. With our complementary and distinct Signia and Widex brand platforms, we are committed to delivering an uncompromising hearing experience that meets the unique needs of the largest groups of people with hearing loss and the hearing care professionals serving them.” 

Highlights Q2 2024/2025 (Q2 last financial year in brackets)

• WSA delivered organic revenue growth of 1% (7%) to EUR 668 million impacted by the expected softer demand in the months prior to new product launches and a softer commercial market in the US. Reported growth was 2% (4%) supported by a positive currency effect, mainly driven by the stronger USD against the EUR.
• EBITDA[1] grew by 22% to EUR 117 million corresponding to an EBITDA margin of 17.5% (14.7%).
• In February, WSA successfully launched Signia BCT IX with universal device connectivity. An external study confirms previous Signia IX studies showing that Signia IX outperforms the closest competitor in noisy group conversations, which consistently translates into superior speech understanding for wearers.[2]
• In March, WSA launched the new Widex Allure platform and the world’s first cloud-based fitting software. Allure delivers crystal clear speech while allowing wearers to be fully immersed in the sound of their environment, providing a natural hearing experience. Widex Compass Cloud offers hearing care professionals (HCPs) an intuitive and powerful cloud-based software for great first fits.

Highlights 1H 2024/2025 (1H last financial year in brackets)

• Reported revenue for the first six months of the financial year 2024/25 was EUR 1,337 million, reflecting 3% (10%) organic growth up against a high comparative base in H1 last year due to the Signia IX launch across key markets.
• EBITDA¹ was EUR 231 million corresponding to an EBITDA margin of 17.3% (15.8%).
• Outlook for the financial year 2024/25 is maintained at 3-6% organic revenue growth supported by our competitive product portfolio and new product launches.
• The EBITDA margin before special items is expected to increase by 1-2%-points supported by our profitable growth program to drive future margin improvements.

[1] Measured as EBITDA before special items and net of R&D Capex.

[2] Jensen NS, Samra B, Best S, Wilson C, Taylor B. 2025. 86% of participants performed better with Signia Integrated Xperience versus key competitor in noisy group conversation. Signia blog post retrieved at https://www.signia-pro.com/en/blog/global/2025-04-study-86-percent-performed-better-with-signia-ix/

About WSA
WSA is a leading global pure-play hearing healthcare group, pioneering innovative technologies for over 140 years, helping millions of people with hearing loss regain their hearing, engage in meaningful conversations, and participate fully in society. WSA operates in over 130 markets and employs more than 12,500 people across our innovative brand platforms, Widex and Signia, and a global network of hearing care professionals and consumer-facing businesses. WSA is privately owned by the Tøpholm and Westermann families, the Lundbeck Foundation, EQT and ATHOS KG. Learn more at www.wsa.com.